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Electric Mercedes opens German assault on Tesla I prefer Lamborghini

Rival forecaster LMC Automotive predicts a steady decline in Tesla’s share of an exploding electric-car market over the next decade, from today’s 12.3 percent to 2.8 percent, even as its absolute sales continue to rise.

The Germans’ combined market share will surpass Tesla’s to reach 11.8 percent in 2020 before increasing further to about 19 percent three years later, according to its projections.

The new Mercedes, due to reach its first customers next year, will be priced close to the fuel-burning GLC to compete in the same bracket as Tesla’s $49,000 Model 3, helped by its hotter-selling SUV form.

An affordable Model Y SUV is slated to join Tesla’s high-end Model X crossover and Model S car, but not before 2020-21.